Governance corruption transparency accountability from "summary" of Indian Economy: Performance and Policies by Uma Kapila
Governance refers to the process of decision-making and the implementation of policies by those in authority. Corruption, on the other hand, involves the misuse of power for personal gain. Transparency is the quality of being open and honest, allowing for scrutiny and accountability. Accountability, in turn, is the responsibility of those in power to answer for their actions and decisions. In the context of governance, corruption undermines the trust of the people in the system. It distorts decision-making processes, leading to inefficiency and inequality. Lack of transparency further exacerbates the problem by allowing corruption to thrive in the shadows. Without accountability, those in power are not held responsible for their actions, leading to a culture of impunity. To address these challenges, it is essential to promote transparency and accountability in governance. This involves creating mechanisms for oversight and monitoring, as well as ensuring that information is easily accessible to the public. By holding those in power accountable for their actions, corruption can be reduced, and trust in the system can be restored. Transparency and accountability are crucial for good governance. They help to prevent corruption and ensure that decisions are made in the best interest of the people. By promoting these principles, we can build a more just and equitable society where those in power are held to account for their actions.
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